AUS bonds through IBAUS

Discussion in 'Interactive Brokers' started by traderjo, May 11, 2022.

  1. traderjo

    traderjo

    Tried to find from IB AUs If one can purchase ASX listed AUs Govt and Corporate Bonds!
    Customer service says NO?
    Any body has any exp
    Also with an exchange traded bond held until expiry is the yield paid on face value? or closing price of Bond
    One AUS bond is trading around 105+ and the interests is 5.5% so if bought at 105.6 and held till expiry do we get paid 5.5% of 100 or whatever the closing price on the last day?
    Assume you can borrow at 3% and invest for 5,5% but then if purchase price is already 105.5 then what is the point!
     
  2. xandman

    xandman

    The point is that you won't be borrowing at lower rate than your govt That is a big point.
     
  3. traderjo

    traderjo

    true but with home equity I am able to borrow say at 2.75% and then can invest in this Govt Bond for 5.5 provided I use the NON Exchange traded version. but then I wonl;t be able to leverage
     
  4. def

    def Sponsor

    If you pass me a symbols I can look into this further.
     
  5. traderjo

    traderjo

    Maturity Date
    (click for PDF
    Term Sheet)


    Coupon Interest
    Rate (pa)


    ASX Code

    Coupon Payment Date*

    15-Jul-2022

    5.75%

    GSBM22

    15-Jul, 15-Jan

    21-Nov-2022

    2.25%

    GSBU22

    21-Nov, 21-May

    21-Apr-2023

    5.50%

    GSBG23

    21-Apr, 21-Oct

    21-Apr-2024

    2.75%

    GSBG24

    21-Apr, 21-Oct

    21-Nov-2024

    0.25%

    GSBU24

    21-May, 21-Nov

    21-Apr-2025

    3.25%

    GSBG25

    21-Apr, 21-Oct

    21-Nov-2025

    0.25%

    GSBU25

    21-May, 21-Nov

    21-Apr-2026

    4.25%

    GSBG26

    21-Apr, 21-Oct

    21-Sep-2026

    0.50%

    GSBQ26

    21-Sep, 21-Mar

    21-Apr-2027

    4.75%

    GSBG27

    21-Apr, 21-Oct
     
  6. def

    def Sponsor

    sorry for the delay getting back to you as I haven't been on the forum for a while. Adding the aussie gov bonds due to the particulars of the contract and how they trade requires some coding n our side. That work has been scheduled and ongoing. Baring no unexpected hiccups, it should be available within the next couple of weeks.
     
  7. @def Thank you very much for the response.
    On a similar note, IB offers access to UK Gilts, both conventional and inflation linked.
    However, the inflation linked bond don't show any yield calculation (as they do for US Tips).
    Any idea why that is?
     
  8. Overnight

    Overnight

    As an aside @def considering how large your company is, maybe they should have a dedicated forum correspondent, whose sole purpose is to respond as quickly as possible to posts on forums?

    Just a thought. You guys are big enough to have someone in that dedicated position. It might actually bring you more business. Does Petterfy not realize this?
     
  9. def

    def Sponsor

    There is some thought to that but of course there are numerous forums with various levels of knowledge from the participants. There are also requirements for record keeping and surveillance, quality control, etc. If and when we do that I'm sure they'll be an announcement via our site or IBNEWS.
     
    #10     Sep 30, 2022